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PayPal Payments Pro vs. Wise

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PayPal Payments Pro

225 Reviews and Ratings

Wise

43 Reviews and Ratings

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    PayPal Payments Pro

    Score7.9 out of 10
    		N/APayPal Payments Pro is an enterprise-class ecommerce payment solution, that provides payment processing security to build a professional-grade ecommerce site. It can be configured to meet business needs and works across devices. Users can tap into over 390 million active customer accounts around the globe.

    $0.02

    per transaction

    Wise

    Score9.4 out of 10
    		N/AWise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.

    $0.41

    one-time fee

    Pricing
    PayPal Payments ProWise
    Editions & Modules
    QR code Transactions
    1.90% + fixed fee
    per transaction
    Charity Transactions
    2.20% + fixed fee
    per transaction
    Commercial Transactions - In-Store
    2.70% + fixed fee
    per transaction
    Commercial Transactions - Online
    2.90% + fixed fee
    per transaction
    PayPal's pay later offers
    2.90% + fixed fee
    per transaction
    Venmo
    2.90% + fixed fee
    per transaction
    ATM Fees over 100 USD per month
    2%
    One time/%
    Accounting Funding transactions
    2%
    One time/%
    Receiving USD wire payments
    4.14 USD
    One time/%
    Getting the Wise Debit card
    5 USD
    One time/%
    Getting account details in 10 currencies
    31 USD
    One time/%
    Sending money
    From 0.41%
    One time/%
    Converting money
    From 0.41%
    One time/%
    Offerings
    Pricing Offerings
    PayPal Payments ProWise
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    PayPal Payments ProWise
    Considered Both Products
    PayPal
    Jessica Alvarez
    Founder in Marketing at GAL Real Estate (Real Estate, 1001-5000 employees)
    Chose PayPal Payments Pro
    For us, TransferWise was a very good option to be able to send and receive payments, it is a very reliable system and allowed our employees to receive payroll money safely, however, the reason we prefer PayPal Payments is because offers us a more instantaneous receipt of money, …
    Incentivized
    Verified User
    Chose PayPal Payments Pro
    I advise my customers to pay via Stripe rather than PayPal. Stripe fees are cheaper - 3% for international transfer (PayPay 4,4%), 2% for currency exchange (PayPal 4%) - currency exchange happens more seldom as I can make payouts in PLN and EUR (PayPal PLN only). Stripe has a …
    Incentivized
    Wise (formerly TransferWise)
    Verified User
    Chose Wise
    Stripe is good and convenient as well. However to setup something more in-depth as an invoicing platform, Stripe definitely is more flexible. The only downside to Stripe is.. It takes a higher transfer fee as compared to TransferWise.
    Incentivized
    Jason Rutel
    Creative Director & Owner in Corporate at Creative Nomads (Marketing & Advertising, 1-10 employees)
    Chose Wise
    TransferWise beats all the competition on transaction rates, and it's easy to use. I literally have found no drawbacks in using TransferWise to pay my overseas contractors, and they prefer it too. I found it because my contractor recommended it to me, and it's better AND …
    Incentivized
    Verified User
    Chose Wise
    We have used Xoom and PayPal Payments, but TransferWise works for additional countries and has more transparent fees.
    Incentivized
    Verified User
    Chose Wise
    We cannot send to certain locations that we need to, but with TransferWise we can.
    Incentivized
    Dr Olivier Becherel - Leadership and Executive Coaching
    Mentor & Coach in Professional Services at Mastery To Success Pty Ltd (Professional Training & Coaching, 1-10 employees)
    Chose Wise
    • TransferWise has lower transaction fees
    • A better user interface--much cleaner, and simple to use
    • Very simple and smooth process to transfer and receive money
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    User Ratings
    PayPal Payments ProWise
    Likelihood to Recommend
    8.2
    (72 ratings)
    9.0
    (24 ratings)
    Support Rating
    2.3
    (9 ratings)
    10.0
    (1 ratings)